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What Happens If There Are Open Permits on a Property?

Open permits have a way of appearing at the worst possible time. A transaction may be moving smoothly through attorney review and inspection negotiations when a municipal search, title review, or lender inquiry uncovers an open permit tied to work completed years ago.  Suddenly, what seemed like a routine closing becomes a conversation about documentation,...

What Happens if the Buyer Dies Before Closing?

Buying a home already comes with enough moving parts to make people double-check every email, document, and deadline.  Then life throws something unimaginable into the equation: the buyer passes away before the transaction closes. It’s an uncomfortable topic, but it also creates immediate legal and financial questions for surviving family members, sellers, lenders, and real...

What Homebuyers Need to Know About REO (Real Estate Owned) Transactions

For many homebuyers, an REO transaction feels completely unfamiliar the moment the contract arrives.  Entire paragraphs appear deleted, seller obligations seem dramatically reduced, and costs that buyers expect a seller to pay suddenly become the buyer’s responsibility instead. To someone accustomed to a conventional residential transaction, the contract can look aggressive or even alarming at...

What To Watch Out For When Buying From A Corporate Entity

Buying from a corporate entity is a different experience entirely than purchasing from an individual seller.  Whether the seller is an LLC, a relocation company, a bank, or an investment group, the transaction tends to move faster, feel less flexible, and carry a different set of risks that buyers don’t always anticipate. Here’s where to...

Why Last-Minute Contract Changes Create Legal Risk

For experienced brokers, late-stage contract adjustments are a routine part of closing transactions.  The mechanics are familiar and include repair credits, possession agreements, date extensions, etc.  What is less visible, and where attorney involvement becomes critical, is the legal exposure those changes can generate when they are not handled with precision. Modifications Require Mutual Assent...

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